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INVENTORIES (Tables)

9 Months Ended

Mar. 31, 2013

Inventories Tables

Summary of Inventories (FIFO)

Inventories are stated at the lower of cost (first-in, first-out) or market and consist of the following:

		March 31, 2013				June 30, 2012
Raw materials		$	1,408,000			$	1,087,000
Work in process			986,000				579,000
Sub-assemblies / Finished components			1,106,000				895,000
Finished goods			246,000				230,000
Total inventories		$	3,746,000			$	2,791,000

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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